-. office: Sr. No.S5O/~SUb Plot No. J4 ViIage-lncfrad, TakN-1CaIi. DiStria,- MehsanillPincode-38271S, GlFat Phone: ~1-94m119484 Email: info@g~1n

ON Number: t24lOOGJ199lPLC01SS3Owww.aestchemlirnitsd.in

DATE: 18-05-2019

The General Manager,Department of Corporate Services,Bombay Stock Exchange Ltd.,Dalal Street,Mumbai- 400001.

Dear SirlMadam,

Sub: Audited Financial Results for the quarter I Year ended 31st March, 2019 along withthe Auditor's report on quarterly Financial result and limited review year to dateresults of Crestcbem Limited pursuant to the Regnlation 33 of the (ListingObligations and Disclosure Requirements) Regulations, 2015.

KIND ATTENTION: Mr. Troydon Bird, Ms. Heta! Kntak

We wish. to inform you that the documentary compliances listed below as required hy you for the subject

quarter arc attached with the letter:

• As per Regulation 33 of the (Listing Obligations and Disclosure Requirements) Regulations,2015 Board Meeting was held on 18th May, 2019 and Audited Financial Results for thequarter I Year ended 31st March, 2019, where reviewed by the audit committeeapproved by board of Directors and year to dale results of Crestchem Limited pursuantto the Regulation 33 of the (Listing Obligations and Disclosure Requirements)Regulations, 2015 dt. 18thMay, 2019 is enclosedherewith.

THANKING YOU,

Your's F1i 'CullY) \' i~ GX'~' I~"-~<s:>

DIPAKPATEL(MANAGING DIRECTOR)ENCL: AS ABOVE

Samir M. Shah& Associates, Chartered Accountants

Corporate House: "Heaven" 8, Western Park Society.Nr. Inductotherm, Bopal, Ahmedabad, Gujarat - 380 058 (India)Phone No. +91-7622012032

Admin Office: B-516, Gopal Palace, Nr. Shiromani Flats,Opp. Ocean Park, Satellite Road, Ambawadl, Ahmedabad,Gujarat - 380 015 (India)E-Mail: samir@smshah.co.inURL : www.smshah.co.ln

INDEPENDENT AUDITORS REPORT ON FINANCIAL RESULTSOF THE COMPANYPURSUANT TO THE REGULATION 33 OF SEBI (lODR), REGULATIONS, 2015

To,

Board of Directors of

Crestchem Limited

1. We have audited the accompanying statement of quarterly standalone Ind AS financial results ofCrestchem Limited ("the Company") for the quarter ended March 31, 2019 and for the yearended March 31, 2019 ("the Statement") attached herewith, being submitted by the Companypursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and DisclosureRequirement) Regulation 2015 ('the regulation'), read with SEBI Circular No.CIRjCFDjFACj92j2016 dated July, 2016 ('the circular').

The standalone Ind AS financial results for the quarter ended March 31, 2019 and year endedMarch 31, 2019 have been prepared on the basis of the Standalone Ind AS Financial results forthe nine month period ended December 31, 2018, the audited annual standalone Ind ASfinancial statement as at and for the year ended March 31, 2019, and the relevant requirementof the Regulation and the Circular, which are the responsibility of the Company's Managementand has been approved by the Board of Directors of the Company. Our responsibility is toexpress an opinion on these standalone financial statements based on our audit of the

standalone Ind AS financial result for the nine month period ended December 31, 2018 whichwas prepared in accordance with the recognition and measurement principles lain down in IndAS 34 Interim Financial reporting, specified under Section 133 of the Companies Act 2013 readwith relevant rules issued thereunder and other accounting principles generally accepted inIndia; our audit of the annual standalone Ind AS financial statement as at and for the year endedMarch 31, 2019; and the relevant requirement for the Regulation and the circular,

2. We conducted our audit in accordance with the auditing standards generally accepted in India.Those standards require that we plan and perform the audit to obtain reasonable assuranceabout whether the financial results are free of material misstatement(s). An audit includesexamining, on a test basis, evidence supporting the amounts disclosed as financial results. Anaudit also includes assessing the accounting principles used and significant estimates made bymanagement. We believe that out audit provides as reasonable basis for our opinion.

3. In our opinion and to the best of our information and according to the explanation given to usthese quarterly standalone Ind ASfinancial results aswell as the year to date results:

i. are presented in accordance with the requirement of the Regulation read with theCircular, in this regard; and

ii. give a true and fair view of the total comprehensive income (comprising net profit andother comprehensive income) and other financial information for the quarter endedMarch 31, 2019 and for the year ended March 31, 2019.

4. Further, read with paragraph 1 above, we report that the figures for the quarter ended March31, 2019 represent the derived figures between the audited figures in respect of the financialresult year ended March 31, 2019 and the published year to date figures upto December 31,2018, being the date of the end of the third quarter of the current financial year, as requiredunder the Regulation and the Circular.

Place : AHMEDABADDate : 18TH MAY, 2019

For SAMIR M. SHAH & ASSOCIATESCHARTERED ACCOUNTANTS

FIRM REG. No.: 122377W

SNEHA JETHANI(PARTNER)

MEMBERSHIP No.: 160932Heaven, 8, Western Park Society,Nr. Inductotherm,Sopal, Ahmedabad-380058

CRESTCHEM UMITED

ON: L241006J1991PlC015S30

Regn Office Address: Sr. No.550ft, Sub Plot No. 12,

Vlliage-indrad, Taluka- !(am, Mahesana- 382715

STATEMENT OF STANDAlONE UN AUDITED/ AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENOED MARCH 31, 2019

r in Lacs)STANDAlONE ANANOALS

Sr.Particulars

Quarter ended Year endedNo. 31.03.l.O19 31.12.18 31.03.2018 31.03.~0l:9 31.03.2018

• Audited Un-audited Audited Audited Audited1 ",come

Revenue from operations - 0.81 0.38 10.44 5.19Other Operating income - - - -e) Total Income from Operations ( net) - 0.81 0.38 10.44 5.19b) 01her Income 0.90 3.42 '0.50 2.03 3.27Total Income (a+b) 0.90 4.Z3 0.88 12.47 8.46

2 Expens~ ,a) Cost of Materia! Consumed - 0.57 0.30 2.11 4.20bl Purchase of Stock- in-Trade . - - - -c) Changes in Inventories of Finished Goods, Work-in- - 0.01 - (0.20) 0.26progress and stock-in-traded) Employee benefits expense 3.00 3.00 3.27 12.52 11.06e) Finance Costs 0.18 0.10 0.17 0.62 0.73f) DepreCiation & amortization expenses 0.30 0.28 0.28 1.13 0.30g) Other Expenses 2.26 2.73 3.32 12.85 14.36Total Expenses (a+b+c+d+e+f+g) $.74 6.69 7.:54 29.03 30.91

3 Profit befOre Tax (1-2) (4.84) (2.46) (6.46) tI6.56) (22.45)4 Tax Expenses

(i) Current Tax - - - . -Iii) Deferred Tax 0.41 - (3.09) 0.41 (3.09)Total Tax (i+ii) 0.41 - (3.09) 0.41 (3.09)

5 Profit for the period (3-4) (5.lS) (2.46) (3.37) (16.96) (19.36)6 Other Campehensive Income - - - - -7 Tota) comprehensive Income for the period (5+6) (5.25) (2.46) (3.37) (16.96) 119.36)

(COmprising PY'Ofit/(Loss) and other Comprehensiveinco~ for the period)

B Pald- up Equity share Capit<JI-Face Vallie of '10 ea.;h. 300.00 300.00 300.00 300.00 300.00

9 £aming per equity share (EPSI in - (not Annualised)

BASIC (0.17) (0.08) (0.11) (O.~7) (0.65)DILUTED (0.17) (0.08) (0.11' (0.57) (0.54)

Notes:

(I) The above Audited Financial Results for the Quarter ended March 31, 2019 and for the year ended March 31, 7.019 have been reviewed by the AuditCommittee and were taken on record by the Board of Uirectors in their respective meetings held on May 18, 2019 and review of the same has been carriedout by the Statutory Auditors of the Compnay.

(II) The Statutory Auditors of the Company have carried out review of the above results as per Regulations 33 of SEBI(ListingObligations and DisclosureRequirements) Regulations, 2015.

(III) The statement has been prapared In accordance with the Companies (indian Accounting Standards) Rules,201S (Ind AS)prescribed under Section 133 of theCompanies Act 2013 and other reccgnised practices and policies to the extent applicable•

(tV) 1he Company operates only in one segment viz. NutritiOn- Chemical Industries,

{VI Figures for the previous Period have been regrouped, reda$.~ified and restated wherever neoessary to make them ccmparable with the current period'sfigures.

. . ...

PI~e ; Indrad, KadiDate;18/05/2019

By order of Board of Directors

(::~r;:.¢!6l," St, m Limited

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../.!( -~I.,. I\ ..- .\1J:)\~k Patel~":: I

~a . ()~or(0 - 080}

CRESTCHEM LIMITEDCIN : L24100GJ1991PlC015530.

Standalone Statement of Assets and liabilities at March 31,2019

As at As atParticulars March 31, 2019 Marth 31, 2018

, ,

ASSETS(1) Non.tcurrent assets

(a) Property, Plant and Equipment 11.72 11.07(b) Financial assets - -

(i) Others 4.29 3.36(c) Deferred Tax Assets (Net) 2.68 3.09(d) Other non-current assets 7.51 9.11

(2) Current assets(a) Inventories 0.67 -(b) Financial assets - -

(i) Trade receivables 8.22 9.61(ii) cash and cash equivalents 6.94 8.94(iii) Bank balances other than (ii) above 23.00 23.00

(e) Other current assets 23.81 13.54Total Assets 88.83 81.11

EQUITY AND UABIUTIESEQUITY(a) Equity share capital 300.00 300.00(b) Other equity (252.55) (235.58)

LlABlLmES(1) Current liabilities

(a) Financial liabilities(i) Borrowings 28.38 14.27(ii) Trade paYiOIblesTotal outstanding dUBSof micro enterprisesand small enterprises

Total outstanding dues of creditors other thanmicro enterprises and small enterprises 1.86 0.35

(b) Other current liabilities 0.31 0.53(c) Provisions 10.83 2.14

Total Equity and liabiliti.es 88.83 81.71

f·.':'·, .

I~~\.) <:>~a ':;;t"

Managing Director(DIN - 02052080)

Place; Indrad, Kadi

-